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ChipEngS - Low PE, High Yield and High NAV in One Post Reply Rate topic
Qanghoo Supreme	10-Sep-2014 16:35        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Share price of the company has trippled over three yrs.  Probably one of the very best investible companies listed here.  Kyoto2008      ( Date: 10-Sep-2014 16:09) Posted: Whatever you do, don sell CES it' s the golden chance right now.      There' s upside to $1 and beyond, the show' s only half way through.   Kyoto2008      ( Date: 10-Sep-2014 16:03) Posted: My goodness, price shot past 96.5 even as I typed!.  The power of buyback is unleashed on the price!
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Kyoto2008 Elite	10-Sep-2014 16:09        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Whatever you do, don sell CES it' s the golden chance right now.      There' s upside to $1 and beyond, the show' s only half way through.   Kyoto2008      ( Date: 10-Sep-2014 16:03) Posted: My goodness, price shot past 96.5 even as I typed!.  The power of buyback is unleashed on the price! Kyoto2008      ( Date: 10-Sep-2014 15:55) Posted: A sudden spurt of buying.    Hope the exercise will see price break above 95cents and on to $1.
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Kyoto2008 Elite	10-Sep-2014 16:03        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My goodness, price shot past 96.5 even as I typed!.  The power of buyback is unleashed on the price! Kyoto2008      ( Date: 10-Sep-2014 15:55) Posted: A sudden spurt of buying.    Hope the exercise will see price break above 95cents and on to $1.
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Kyoto2008 Elite	10-Sep-2014 15:55        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	A sudden spurt of buying.    Hope the exercise will see price break above 95cents and on to $1.
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Kyoto2008 Elite	05-Sep-2014 12:52        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The treasury shares mentioned at 30.541mln.  The document mentioned the buyback of 64.833mln shares.    From now until next AGM, we can expect the price to keep on going up. Should be buying when contra  players let go.   ozone2002      ( Date: 04-Sep-2014 15:08) Posted: Last:0.93     Vol:2968k     +0.03 hit $1 sell.. ozone2002      ( Date: 02-Sep-2014 11:12) Posted: Company is scooping up its share cos of its undervaluedness.. gd luck dyodd Name D.O.T. Buy /Sell No.of shares S$/shr Chip Eng Seng Corporation Ltd 01-Sep-14 Share Buy-Back 1,700,000 0.8950 Chip Eng Seng Corporation Ltd 26-Aug-14 Share Buy-Back 680,000 0.8991
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Kyoto2008 Elite	05-Sep-2014 11:02        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Since the stock of float is limited,  share capital is  632.8 mln shares, a buyback can move the  price up very quickly.    Therefore, $1 is not the peak, it could go beyond if fewer people sell out at low prices.
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Kyoto2008 Elite	05-Sep-2014 10:46        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If they forecast lower profits in 2015 and 2016, it only means shareoptions can be paid in 2014 when co peformance is at a high. This may explain the sudden spurt in buyback, to ensure they hit the target and dole out the shares to the staff since they are not likely to do it in 2015 due to lower profitability forecasted for that year.   Kyoto2008      ( Date: 05-Sep-2014 10:40) Posted: Based on the documents, a possibility is more buy back may be coming to hit the target of 7.57 fr 7.001 for Lim Tiang Chuan. whopping lot of shares!
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Kyoto2008 Elite	05-Sep-2014 10:40        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on the documents, a possibility is more buy back may be coming to hit the target of 7.57 fr 7.001 for Lim Tiang Chuan. whopping lot of shares!
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Kyoto2008 Elite	05-Sep-2014 10:14        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shareholders' Circulars Apr 2013:
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Kyoto2008 Elite	05-Sep-2014 09:40        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Left out the percentage of 7.0001%    " after transaction" .
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ozone2002 Supreme	05-Sep-2014 09:38        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:0.945     Vol:183k - Target $1 to sell.. upward charge CES!
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Kyoto2008 Elite	05-Sep-2014 09:34        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is an announcement on change in shareholdings of dir/CEO, need help in interpreting this (filed on 1-9-14):
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Qanghoo Supreme	04-Sep-2014 17:51        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	One broking hse estimated FY14 EPS at 28c.  Maybe it cld be even higher, possibly 30c.  And if EPS is really gonna be that high, cld CES even be considering 3c special dividend on top of the normal 4c?  Lets hope so. Kyoto2008      ( Date: 04-Sep-2014 16:54) Posted: The CEO smile like he got something up his sleeve.    Later share price go past $1 he would say " who ask you never buy?"
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Kyoto2008 Elite	04-Sep-2014 16:54        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The CEO smile like he got something up his sleeve.    Later share price go past $1 he would say " who ask you never buy?"
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Kyoto2008 Elite	04-Sep-2014 16:44        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Co normally buy back their shares at lower price for employee options, it' s unusual for them to buy at high price.      It does not make sense to buy at 90 cents or 93 cents and have it drop back to 80 cents, a loss of 10 to 13 cents for either their employees at exercise of the options or if given outright without strike price, the co would have lost that amount of money (at 3mln shares, a loss of $300k to 390k - they continue to buy back on 2nd Sep  of more than a mil shares I think).      For this reason, it seems logical that they' re expecting the price to go higher.    There could be info co is holding back until they complete the exercise of share buy back, and once released, could see higher gains on share price. ozone2002      ( Date: 04-Sep-2014 15:08) Posted: Last:0.93     Vol:2968k     +0.03 hit $1 sell.. ozone2002      ( Date: 02-Sep-2014 11:12) Posted: Company is scooping up its share cos of its undervaluedness.. gd luck dyodd Name D.O.T. Buy /Sell No.of shares S$/shr Chip Eng Seng Corporation Ltd 01-Sep-14 Share Buy-Back 1,700,000 0.8950 Chip Eng Seng Corporation Ltd 26-Aug-14 Share Buy-Back 680,000 0.8991
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tea444u Elite	04-Sep-2014 15:55        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	TOO high liaw...if got profit better take some.....this my humble opinion ni....
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ozone2002 Supreme	04-Sep-2014 15:08        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Last:0.93     Vol:2968k     +0.03 hit $1 sell.. ozone2002      ( Date: 02-Sep-2014 11:12) Posted: Company is scooping up its share cos of its undervaluedness.. gd luck dyodd Name D.O.T. Buy /Sell No.of shares S$/shr Chip Eng Seng Corporation Ltd 01-Sep-14 Share Buy-Back 1,700,000 0.8950 Chip Eng Seng Corporation Ltd 26-Aug-14 Share Buy-Back 680,000 0.8991 ozone2002      ( Date: 19-Jun-2014 10:03) Posted: CES F14 PE only 2.7??? super value. no wonder thecompany keeps buying back its share.   CHIP ENG SENG -- Strong share buyback ahead of FY14 bumper earnings Written by Leong Chan Teik Thursday, 19 June 2014 06:30       Chip Eng Seng Corp CEO Raymond Chia. Photo: InternetCHIP ENG SENG Corporation is one company that has demonstrated its commitment to buying back its shares -- presumably the key reason being their undervaluation.  The buying action has been taking place ahead of bumper earnings to be recorded this year as a result of the expected achievement of TOP of a number of property projects by Chip Eng Seng. Just look at the number of treasury shares it holds currently -- 30.541 million. These were accumulated from end-2012. Of late, the company' s share buy back has been striking: Since mid-May this year, it has made 5 transactions which were anything but small nibblings of the stock. In those transactions, it bought back a total of 5.06 million shares in the price range of 74-76 cents a share. In recent days, the stock has crept up, closing at 78 cents yesterday. Chip Eng Seng had lots of cash on hand to fund its purchases: It had S$191.8 million cash as at end 1Q this year. However, borrowings were significant too at $743.0 million. These were taken to finance property development projects and investment properties, the purchase of leasehold land for hotel and commercial development and for working capital. NRA Capital is forecasting strong cashflow this year with cash levels rising to $263 million and total borrowings falling to $567 million. (See NRA report here) Not only that, the earnings per share this year is forecasted to hit 28 cents a share. The dividend payout is expected by many investors to be even more generous than the 4 cents a share for FY13 although NRA Capital has not revised its 4-cent forecast. NRA Capital pegs Chip Eng Seng' s fair value at $1.04 based on the sum of the parts methodology for its property development and construction businesses.
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Qanghoo Supreme	04-Sep-2014 14:48        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	This one' s got a turbo engine installed and  tearing away at twice the speed of sound whereas Wee Hur' s engine has stalled. ozone2002      ( Date: 04-Sep-2014 14:03) Posted: Chiong baby!! Last:0.925     Vol:2614k     +0.025 Time: 12:23PM Exchange: SGX Stock: Chip Eng Seng(C29) Signal: Resistance - Breakout with High Volume Last Done: $0.925
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ozone2002 Supreme	04-Sep-2014 14:03        ozone2002 About Contact  Quote this Post! Style: Technical
x 0   x 0  Alert Admin	Chiong baby!! Last:0.925     Vol:2614k     +0.025 Time: 12:23PM Exchange: SGX Stock: Chip Eng Seng(C29) Signal: Resistance - Breakout with High Volume Last Done: $0.925
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Kyoto2008 Elite	03-Sep-2014 13:35        Kyoto2008 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What' s their plans for 2015 and beyond?  EPS growth is projected negative. Otherwise, Chippie is a high flyer, good for short to medium term imo.
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